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Dec 31, 2012 7:00am PST
, running out of time to stop the u.s. economy from going over the fiscal cliff. jamie dupree is in washington, d.c. where new numbers are being tossed around this morning. [ laughter ] [ girl ] wow, you guys have it easy. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah blah blah. if i had a sleepover, i couldn't just move the tv into the playroom. no. we had to watch movies in the den because that's where the tv outlet was. and if dad was snoring on the couch, we muscled through it. is she for real? your generation has it made. [ male announcer ] the wireless receiver only from at&t u-verse. get u-verse tv for $29 a month for six months. rethink possible. >>> stocks are mixed. they were found for a while. that would be down for the fifth day in a row. the five-day losing streak for the dow would be the longest since july. the dow you can see it's turned positive. it's up just slightly. the nasdaq is also up 22. s&p down 4. now, u.s. stocks are not the only indexes affected. the major european indexes are down about .5 by now. in asia, most stock markets opened
Dec 26, 2012 7:00am PST
it but it's all tied up in the fiscal cliff mess. tax filing season starts next week but the irs would put a hold on that for some. officials would wait for a deal in the new year instead of doing serious reprogramming to their tax system. filing would then be pushed back to march for millions. with refunds coming much later than usual. especially for those who plan on paying off credit card bills that often pile up after the holidays. now all of this could be avoided a deal before the deadline monday night but some long time lawmakers fear it won't happen, more on that when i see you next. live in washington. >> oil prices started edging up arch the president announced he would return from vacation early so he could work on fiscal cliff negotiations. crude oil sells for almost $91 a barrel up nearly two dollars a barrel. it's expected to increase as hope rises that a budget deal can be reached before the deadline and that could keep the economy growing while no agreement may put the united states back into recession. >> several states are under blizzard warning this morning. this video is from little rock arkansas where a heavy snowstorm hit late last night an
Dec 28, 2012 7:00am PST
killing the gunman. >> well, there's a renewed sense of surgeon sidelines with the fiscal cliff crisis in washington d.c. she just got off the phone with the white house where president obama is going to meet with congressional leaders today. >> yeah there are new reports this hour that president obama will have a scaled back offer at that meeting in a few hours but i did just get off the phone with the white house and they tell me there is no new information to report right now harry reid and mitch mcdonnell and nancy will be at that meeting. this could be the last chance to find terms they can all agree to and take back to their respective parties. the president and senate got back to work yesterday. the house got the call to return sunday night. >> the senate minority leader says he is willing to work with the president but is upset lawmakers waited this long i'm frustrated because we have been asking them to work with us on a agreement for months. literally for months. >> a vote has to be taken by monday or automatic income tax increases and government spending cuts will kick in on tuesday. >>> american families will no longer be allowed to adopt russian children. this morning the president signed a bill to stop children in russia from leaving from
Dec 24, 2012 7:00am PST
pendleton in the new year. >>> and some in congress fear they may actually go over the fiscal cliff. where both sides are right now. ♪ you used the oven? boom ♪ [ male announcer ] pillsbury crescents. let the making begin. here's a better idea. pillsbury grands! flaky layers biscuits in just 15 minutes the light delicate layers add a layer of warmth to your next dinner. pillsbury grands biscuits let the making begin. >>> good morning. a frigid start. 30s and 40s outside our door. giving you a beautiful spot of union square. a great day too ice skate and maybe do some shopping. >>> at least two firefighters have been shot while responding to a house fire in new york. it happened shortly before 6:00 eastern time near lake ontario. firefighters were shot as they arrived at the scene. one is said to be in satisfactory condition. >> the other's condition is unknown at this hour. firefighters are not fighting the fire right now because they are waiting for police to finish evacuating the area as they search for a shooter. the fire has now spread to other homes. >>> the bickering conti
Jan 1, 2013 7:00am PST
will meet to gauge support for the u.s. senate plan for going over the fiscal cliff. kyla campbell is in our washington, d.c. newsroom with new information about what's next. kyla? >> reporter: house minority leader nancy pelosi is not saying whether or not she approves of the senate plan. we do know that democrats are meeting in about an hour and we just got off the phone with the white house. they tell us vice president joe biden will be at that meeting. the republicans are meeting separately about an hour after that. now, the senate passed its deal more than two hours after their midnight deadline. that plan will raise income taxes on households making $450,000 a year and individuals making $400,000. it lets the payroll tax holiday expire so all workers will lose another 2% of their paychecks. the senate's move does extend federal unemployment benefits for 2 million americans for one year. later today, we should have a better idea if the house supports the senate deal. neither party is thrilled did with the destation about the decision regarding income taxes. leaders on both sides of the aisle want time to look over the legislation. h
Dec 27, 2012 7:00am PST
appreciation for the useful information. >> new information on the fiscal cliff talks in washington. united states senate convened about an hour ago. this is a live picture of oregon democratic senator ron wyden on the floor discussing the deadline. we have learned that the president called the democratic majority lead, minority leader and house speaker and senate minority leader. now coming up at 8:15 the fiscal cliff negotiations and the effort to prevent one of the largest tax increases and budget cuts in united states history. >> we are still watching the accident in napa. >> we have a lot of traffic around fifth street near downtown. the westbound lane blocked due to a two car crash. a woman was trapped inside of her car. we will take a look at the bay bridge. you can see traffic flowing nicely. 880 near the oakland coliseum we have traffic gluing well in both directions. no delays to report. in the south bay 280 at 880 split those headlines northbound traffic toward santa claire a. >> hi. we are -- taking a live look outside. showing you cloud coast mostly cloudy skies over mo
Dec 29, 2012 7:00am PST
will take out another 2%. if the so-called fiscal cliff is a verted they will reimburse workers. they are advicing workers to watch their deductions. >>> not only could the new year bring higher taxes and spending cuts,y gross which bill could also skyrocket. the so-called dairy cliff. why milk prices could double. >>> and why lawmakers trying to work out a deal they are dealing a big snowstorm on the east coast. want to give you a live look at the snow falling in front of the united states capitol. you can see it's a little bit hazy. washington is expecting one to two -- one to three inches of snow rather. that is likely to mix with rain and farther north boston could see up to six inches of snow thisw. >> gay couples are now allowed to marry in the state of maine. this is video of the first couple to wednesday in portland maine. they couldn't wait to tie the knot. they exchanged views just after midnight. >> we finally feel equal and happy to live in maine. >> it's official now. after nine years it's all good. >> voters in maine approved in nova long with voters in washington state as well as maryland. gay marriage ceremonies started earlier this month. marylan
Search Results 0 to 6 of about 7